Business and Finance Business and Finance
Wed, May 21, 2025
[ Today @ 05:23 PM ] - KUTV
Fresh Start 2 Fitness- VILPA
[ Today @ 02:46 PM ] - WSAZ
How sports are shaping travel plans
[ Today @ 08:08 AM ] - WAFB
Foods to avoid while pregnant
[ Today @ 07:04 AM ] - Fortune
Top CD rates today, May 21, 2025
[ Today @ 07:00 AM ] - Politico
Inside Congress Live

Trump's tariffs have pushed markets to the doorstep of 'correction territory' says Wall Street


Published on 2025-05-21 11:00:49 - Fortune
  Print publication without navigation

  • Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

In an article published on March 12, 2025, by Fortune, analysts from UBS, Deutsche Bank, and US Bank discussed the potential impact of former President Donald Trump's proposed tariffs on the U.S. economy. The article highlights that Trump's plan to impose a 10% tariff on all imports and a 60% tariff on Chinese goods could lead to a significant market correction. UBS predicts a potential 5% drop in the S&P 500, while Deutsche Bank foresees increased inflation and reduced consumer spending. US Bank analysts suggest that these tariffs could trigger a trade war, negatively affecting global economic growth. The consensus among the banks is that such policies would disrupt current market stability and could lead to broader economic repercussions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/12/trumps-tariffs-market-correction-ubs-deutsche-us-bank-analysis/ ]